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The PetroYuan Is Born: Gazprom Now Settling All Crude Sales To China In Renminbi
Two topics we’ve deemed critically important to a thorough understanding of both global finance and the shifting geopolitical landscape are the death of the petrodollar and the idea of yuan hegemony.
Last November, in “How The Petrodollar Quietly Died And No One Noticed,” we said the following about the slow motion demise of the system that has served to perpetuate decades of dollar dominance:
Two years ago, in hushed tones at first, then ever louder, the financial world began discussing that which shall never be discussed in polite company - the end of the system that according to many has framed and facilitated the US Dollar's reserve currency status: the Petrodollar, or the world in which oil export countries would recycle the dollars they received in exchange for their oil exports, by purchasing more USD-denominated assets, boosting the financial strength of the reserve currency, leading to even higher asset prices and even more USD-denominated purchases, and so forth, in a virtuous (especially if one held US-denominated assets and printed US currency) loop.
The main thrust for this shift away from the USD, if primarily in the non-mainstream media, was that with Russia and China, as well as the rest of the BRIC nations, increasingly seeking to distance themselves from the US-led, "developed world" status quo spearheaded by the IMF, global trade would increasingly take place through bilateral arrangements which bypass the (Petro)dollar entirely. And sure enough, this has certainly been taking place, as first Russia and China, together with Iran, and ever more developing nations, have transacted among each other, bypassing the USD entirely, instead engaging in bilateral trade arrangements.
Falling crude prices served to accelerate the petrodollar’s demise and in 2014, OPEC nations drained liquidity from financial markets for the first time in nearly two decades:
By Goldman’s estimates, a new oil price “equilibrium” (i.e. a sustained downturn) could result in a net petrodollar drain of $24 billion per month on the way to nearly $900 billion in total by 2018. The implications, BofAML notes, are far reaching: "...the end of the Petrodollar recycling chain is said to impact everything from Russian geopolitics, to global capital market liquidity, to safe-haven demand for Treasurys, to social tensions in developing nations, to the Fed's exit strategy.”
Shifting to the idea of yuan hegemony, China is aggressively pushing its Silk Road Fund and Asian Infrastructure Investment Bank.
The $40 billion Silk Road Fund is backed by China’s FX reserves, the Export-Import Bank of China, and China Development Bank and seeks to increase ROIC for Chinese SOEs by investing in infrastructure projects across the developing world, while the $50 billion AIIB is funded by 57 founding member countries (the US and Japan have not joined) and will serve to upend traditionally dominant multilateral institutions which have failed to respond to the rising influence and economic clout of their EM membership. China will push for the yuan to play a prominent role in the settlement of AIIB transactions and may look to establish special reserves in both the AIIB and Silk Road fund to issue yuan-denominated loans.
Back in early November, SWIFT data showed that 15 new countries had joined a list of nations settling more than 10% of their trade deals with China in yuan. "This is a good sign for [yuan] adoption rates and internationalisation. In particular, Canada's [yuan] usage for payments, which has increased greatly over this period, is very interesting since we have not seen strong adoption of the [yuan] from North America to date,” Astrid Thorsen, Swift's head of business intelligence said.
Earlier that month, China and Russia indicated that going forward, more trade between the two countries would be settled in yuan. From Reuters, last November:
Russia and China intend to increase the amount of trade settled in the yuan, President Vladimir Putin said in remarks that would be welcomed by Chinese authorities who want the currency to be used more widely around the world.
Spurred on by their often testy relations with the United States, Russia and China have long advocated reducing the role of the dollar in international trade.
Curtailing the dollar's influence fits well with China's ambitions to increase the influence of the yuan and eventually turn it into a global reserve currency. With 32 percent of its $4 trillion foreign exchange reserves invested in U.S. government debt, China wants to curb investment risks in dollar.
The quest to limit the dollar’s dominance became more urgent for Moscow this year when U.S. and European governments imposed sanctions on Russia over its support for separatist rebels in Ukraine.
"As part of our cooperation with this country (China), we intend to use national currencies in mutual transactions.The initial deals for rouble and yuan are taking place. I want to note that we are ready to expand these opportunities in (our) energy resources trade," Putin said at the time, suggesting that going forward, Russia may look to settle sales of oil in yuan.
Sure enough, Gazprom has confirmed that since the beginning of the year, all oil sales to China have been settled in renminbi. From FT:
Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi, in the most clear sign yet that western sanctions have driven an increase in the use of the Chinese currency by Russian companies.
Russian executives have talked up the possibility of a shift from the US dollar to renminbi as the Kremlin launched a “pivot to Asia” foreign policy partly in response to the western sanctions against Moscow over its intervention in Ukraine, but until now there has been little clarity over how much trade is being settled in the Chinese currency.
Gazprom Neft, the oil arm of state gas giant Gazprom, said on Friday that since the start of 2015 it had been selling in renminbi all of its oil for export down the East Siberia Pacific Ocean pipeline to China.
Russian companies’ crude exports were largely settled in dollars until the summer of last year, when the US and Europe imposed sanctions on the Russian energy sector over the Ukraine crisis...
Gazprom Neft responded more rapidly than most, with Alexander Dyukov, chief executive, announcing in April last year that the company had secured agreement from 95 per cent of its customers to settle transactions in euros rather than dollars, should the need to do so arise.
Mr Dyukov later said the company had started selling oil for export in roubles and renminbi, but he did not specify whether the sales were significant in scale.
According to Gazprom Neft’s first-quarter results issued last month, the East Siberian Pacific Ocean pipeline accounted for 37.2 per cent of the company’s crude oil exports of 1.6m tonnes in the three months to March 31.
With that, the "PetroYuan" has officially been born and while FT notes that "other Russian energy groups have been more reluctant to drop the dollar for settlement of oil sales," the fact that Russian producers are now openly considering a shift at the same time that officials in the US and Europe are openly discussing stepped up economic sanctions suggests renminbi settlements may become more commonplace going forward.
To understand why and to what extent this is significant in the current environment, consider the following from WSJ:
Officials of the Organization of the Petroleum Exporting Countries, which declined to cut oil production last year, reasoned that maintaining high production levels would protect market share in crucial importing nations.;
But Chinese customs data released Friday show that China’s crude imports from some big OPEC nations have plummeted, while imports from Russia surged 36% in 2014. Meanwhile, imports from Saudi Arabia fell 8% and those from Venezuela dropped 11%.
To summarize: Western economic sanctions on Russia have pushed domestic oil producers to settle crude exports to China in yuan just as Russian oil is rising as a percentage of total Chinese crude imports. Meanwhile, the collapse in crude prices led to the first net outflow of petrodollars from financial markets in 18 years, and if Goldman's projections prove correct, the net supply of petrodollars could fall by nearly $900 billion over the next three years. All of this comes as China is making a concerted push to settle loans from its newly-created infrastructure funds in renminbi.
Putting it all together, the PetroYuan represents the intersection of a dying petrodollar and an ascendant renminbi.
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Vlad 293 - West 0
War coming right after a republican wins the WH
And what about Hillary the war monger?
If the puppet masters want war there will be war. No matter which false narrative party hack is in the WH
Well without the need for all those dollars, they should come home.
That is good right? More dollars chasing the same amount of goods.
:)
pods
Well, at least Obamy took the world cup from them ... that 'll show 'em!
Regards,
Cooter
...Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi
By the way… in May, Russia has become the LARGEST oil producer, overtaking the Saudi Arabia and the US.
Looney
O/T but where is the world is John Kerry? No news, no pics, no videos - why nothing?
broken femur, ive had one too and am giving him a pass.
The US sends a massive plane, complete with medical staff, for a broken leg?
http://www.whatdoesitmean.com/index1874.htm
Ho Lee Fuk!
What a waste. If he had that plane available Barbaro might still be alive today.
I would like to take this auspicious occasion to congratulate the State Department, the Administration and the US Congress for destroying whatever influence we had over the Sino-Russian relationship and hastening the demise of the US Dollar as the World’s Reserve currency.
I guess y’all think you need to start a war to cover this FUBAR up.
Now if they have a Chinese oil tanker crash into a Columbian coffee export tanker, and all is lost and sinks to the bottom of the ocean, will that be called a Yuan Valdez disaster?
Communism & Socialism = Corporatism, where you are the farm, and they are the farmer.... Don't get you get it yet folks? (You cannot win, no matter what system a country has, the elite control them all!)
With that being said, Oil & Gas is so yesterday's news, and they don't even know it yet...
Infinite Electricity FTW!!
This is why the USA is trying to push through these trans ocean trade agreements. It wants to lock in as many suckers into the dollar before the floor falls out from underneath it.
Too bad you have no clue what a dollar is
https://www.youtube.com/watch?v=kgoFcyttk-s
All money is debt that the elite NEVER intend to repay....
(People are basically working for IOUs / Supporting a Ponzi-Scheme)
Oil and gas deliveries to China from Russia, with sufficient pipeline capacity, do not need to go through Malacca Strait, thus avoiding the whole South China Sea dustup.
And despite the so-called rise of the yuan, Chinese are furiously struggling to get their RMB moollah out of China into Canadian or USA RE which is denominated in Canadian or USA dollars?
Imagine what would happen if the PRC changes its policy; namely, opens up more. There's a lot of potential there ... huge Middle Class getting wealthier all the time ... would all this money flow back into Mainland?
Just asking ... wondering....
Has it occurred to the ZH Crew that MENA might become a nuclear wasteland?
Personally, I can't think of a better place.
(might suck for the southern latitudes 'tho)
The grinding down of the American empire?
Yuan-Petro dollar becoming the Rising Sun? I'm not so sure this isn't part of the master plan. Just as it does not matter if a red or blue is voted into office. The Plan is incrementally advanced... over the long haul to global equalization, population reduction and more global control before venturing to Mars and beyond to pillage.
Please consider how intertwined China, Russia and the USA are in trade, joint ownerships, debt/credit and others. All parties are working together normally when viewed outside the Matrix. The Blue Pill view is "Panem et Circenses".
Bread and Circuses - http://www.original-republican.com/bread-and-circuses-and-the-roman-empire/
I am guessing the incrementalism towards the New World Order is boosted by turning the page on Petro Dollar King as planned.
But of course, what do I know?
Peace Brothers.
you raise an interesting point as we have seen this before in the lead up to WW II, after which we have the old world order Pax America. In order for a NWO to take place the OWO must give way. Is this to be a non violent hand off or a cataclysmic WW III transition?...either way the working classes will pay the full price for all of it while being reduced to the lowest standards of present day Asian labor forces.
There is no petro-yuan. What a bunch of crap. The dollar is king. And deflation is word to your mother.
Wow, don't read much do ya?
Kerry is more like Ruffian than Barbaro (in that Foolish Pleasure came to be her eventual Waterloo)
Thats why rulers fade away and the people survive. The people are the land those who would be king are just passing storms. Violent and barbaric but they are not ment to last.
Just look at China, every kind of government, tyranny and despotic system. Yet all fall by the wayside and the people live on.
Stephan Molyneux from you tube " whatever the.gov tries to do with violence (ie force) they create the opposite effect"
yes the great murican politicians spending all of their resources spying on and bombing people, meanwhile they are leading their counties people off a cliff.
what is even worse is that the sheeple follow!
+100
I have my doubts about the preconceived notion that the US is going to lose out in the upcoming monetary shift. Here’s why. It seems like people in the alternative financial media take it as a given that the lose out in the coming decades but this seems more rooted in gut reaction than analysis.
You must be one of that famous brand of simpletons called Murican idiots, hm?! Murican demise is written all over... pretty much everything. There is not a single domain, be it economics, finance, industry, etc. - you name it - that is not foretelling unavoidable Murican demise. 60 yrs ago your highest per capita income city was Detroit. Now Detroit is an African slam with 53% illiteracy rate. Even your cities' "evolution" is foretelling the inevitable, Murican simpleton. Take a look at your debt levels - they are higher than that of Greece! You have been bankrupt for quite some time; the near future is only going to make it formal, evident and documented!
Long gone are days of your parasitism. They are never going to come back. And you will never recover to be what you once were.
Hard times are coming to you, simpleton. It could not come a moment too soon.
They do have a fucking big military though.
How long do you think that will last when paychecks no longer have any value?
How long will that last when fuel is unobtainable?
How long will that last when most of the military is all over the world in areas that are no-longer friendlies?
When shit hits the fan, we're going to see the biggest retreat in mlilitary history, far surpassing our highly trained Iraqi troops; or, we're going to see the largest, retributive, slaughter of abandoned men.
Judging by the history of our war criminal government, I betting that the abandonment, and subsequent slaughter, will be the #1 option. It cuts costs all the way around.
*Murikistanian
Captain Debtcrash, we have to have a spat, one of those days, specifically on:
"Europe as a whole is a basket case, and there will be no real leadership coming from there until they realize the monetary union is a failure. Depending on the time line the fallout from that failure will probably follow through into the next monetary system. In addition, after the financial crisis, the US essentially recapitalized its banking system, even if immoral to do so. Europe never recapitalized, and this is why they are so much more levered than the US banks, yet another issue that will have to be dealt with that will hamper the European powers."
first, from an Austrian School perspective that "real leadership" is actually a lot of government intervention
second, any comparison between American and eurozone banks, particularly when it comes to leverage, has to include the facts around direct business loans to private enterprises versus the more financial market oriented American Way of going public and issuing stocks and bonds. Something that is actually reversing in the US anyway, if you look at stocks buy-backs
third, the monetary union. define it's "failure"... from an Austrian School perspective. Because up to now, critics always use a neo-keynesian and a socialist perspective
note, in all this, that our monetary union is carefully poised to be neutral in the case of a monetary shift. neither for nor against
P1?
Kerry is reported to be in a stable...
... condition.
He could be in a coma and they would say that. Still, Kerry in a coma - how could we tell?
+100 @ JuliaS.
Top Shelf, that one ;)
Very funny. +1000
Thats an insult to horses.
Everyone knows Kerry looks like frankenstein's monster with some makeup on it.
Wait, thats an insult to frankenstein's monster...shit, i'll try again tomorrow.
A massive plane? Why dosen't Ohbummer just Drone him? Oh, right. Most intellectualy challenged think he's on our side.
To nope-1004:
That article you cite at whatdoesitmean is by Sorcha Faal aka David Booth, who has been a known disinfo operative for many years.
http://www.abovetopsecret.com/forum/thread304918/pg1
http://www.bibliotecapleyades.net/esp_autor_booth.htm
Agreed, let's get someone reputable like Brian Williams.
I do know one thing: Where there is smoke, there is fire. And the last time a plane like that was sent for a US diplomat was....... when?
A femur fracture is associated with up to 50% mortality!
It is not a trivial injury. I'm sure Kerry got good care but infection, clots and just the debility of being out of commission or even bedridden takes a toll. In the elderly, already frail, it is often the last event before other systems begin shutting down.
Kerry appears to be in good health so it might be a fully recoverable injury...but that is not a certainty.
Advice: keep your quads strong. Most of my patients who suffer falls do so due to weakened quads. They simply cannot react in time to avoid falling. Falls kill more of my patients (slowly) than the diseases I treat.
If you really want to 'prep'...prep your quads with quad sets. Get ankle weights and do lifts from the sitting position. It won't make you buff but it will prolong your life. Do not be a burden. Lose some weight and get strong.
Shit, they didn't do all that for Eight Belles, they shot the fucker right on the racetrack.
pods
No evidence, or reason to believe, that John Kerry is still alive.
Let me know when they need my feet to tramp the dirt down.
there is already a long queue for that urinal.
Ron Paul rides a bike you don't see him breaking his pussy bone.
Hey doc, Could you clarifiy "up to 50% mortality?" -- Why "up to?"
Giving Kerry a pass? I bet $2 on him for win place or show and he came up lame.
The Daily Racing Form had him pegged to be high likelihood to be 'vanned away'
broken femur and he hasn't been put down?
Yes, if he'd landed on his head it would be business as usual.
Not me, 4-chan. I had a crushed femur caused by a head-on collision. They told me it was like jelly and I was lucky if I didn't lose it, as they hung me in traction, where I stayed for 58 day. Then, they put me in a body cast and sent me home for another 4 months.
Within a matter of days, I had plenty of visitors and was working the phones with a mini office in my hospital room. This was 1982, so no laptop for me.
Point is, there is no reason he can't have some kind of photo op and interview with select press members. Something smells.
You're damn right something smells. No way could Kerry turn down a photo-op from his hospital room giving the thumbs up. And why no photos of the bike accident and its immediate aftermath?
I find it completely plausible that he was shot by ISIS agents and Obozo did not want to look even more stupid by clips of him calling them the JV played back to back with the Kerry assassination attempt.
And why is the press staying silent about no-show Kerry?
They went ballistic when Putin didn't get in front of a camera for a week.
He's at the farrier.
on his way to the glue factory
Nuland gave him some of her cookies.
Liberty is a demand. Tyranny is submission.
According to the Jewish Post, he is on crutches after surgery to his broken leg. The break was probaly near his replacement hip joint implant. ($ June 2015)
http://www.jpost.com/Breaking-News/John-Kerry-on-crutches-after-leg-surg...
Waiting to see Russian energy sales to be paid in Rubles or gold.
Russia really should back their currency 100% with PME's*, which the speculators and Banksters cannot manipulate. Thus, the combination of the Petro-Yuan and a PM-Ruble would shake the world of fiat Banksters in NY and London to its core.
* Precious Material Equivalents: Gold, Platinum, Palladium, Silver, Titanium, Processed/Enriched Uranium.
Not forget tungsten.
By the way… in May, Russia has become the LARGEST oil producer, overtaking the Saudi Arabia and the US.
Looney
But the current world oversupply, driving prices lower to damage Russia, is a result of CIA plot. How did CIA gain control of Russia production from Puutie? Puutie must be on the way out. New checker player running Russia?
Wasn't Puutie supposed to require oil payments in gold? Or was it supposed to be in trash Ruble currency? Does getting paid in Chinese paper make Russia the same as a Chinese SOE? I guess using the Renminbi to purchase counterfit goods from the Chinese will help the Russian economy a great deal.
Appears that when Augustus tells comments, he concentrated anal pain suffers, the cause of which is Putin.
Funny even.
I appears that when Stoogie comments, the anal pain from Puutie hammering his Under Plunder remains on his mind. Sad to read comments from the Moscow correspondent who lives in that condition. Does the 'roid itch bother you much at night?
Kill yourself up the wall. Then credibity will definitely come back.
So, the USD "hegemony" ends with a wimper not a......world as we know it will end.
chief economist at German Bank Bremer Landesbank Volker Hellmeier's view in a conversation made public.....
The axis Moscow-Beijing-BRICS wins.
in the flesh For me, the conflict of East and West has already been solved. 25 years ago, the share of these States accounted for about a quarter of total world production. Today is 56%. They are home to 85% of the inhabitants of the Earth. They control about 70% of all global currency reserves. Their economies Usually grow 4% -5% per year. USA lost because they were not prepared to share power with international institutions (e.g. IMF and world Bank) to strengthen the sector in developing economies, their monetary system
Without Moscow and Beijing Today, it is impossible to solve a single problem in the world, he said. However, Europe does not have its own development programme, all following the policy of the U.S., which, for their part, are pragmatic and only in their own interests.
in summary, Europe is on the loser side
http://thesaker.is/obama-supporters-sign-petition-to-nuke-russia-so-amer...
LOL! This Mark Dice guy does these stupid petitions down by the pier in San Diego - these lib morons will sign anything. Sick and illiterate fuxx.
Note that Dice is wearing an Obama shirt. ha ha!
aside from mark dice being a religious nut his videos are great at showing the
depth of intellect in america after the progressive movement and "fiatization" of money.
Americans are so conditioned to going in and bombing people to get our way. Thank the media and Hollywood. Bombing = mass murder and Americans think it is okay. How F Up is that?
They have no idea that someday there may be consequences and someone may be bombing their house or city from the air or space. HOMO-cidal morons.
Dice is always shooting fish in a barrel. He finds the most gullible and gets the expected result. It has become boring by now.
Mark Dice is NOT an "Obama Supporter".
He is a Youtube Personality, with a series of YT clips, where each clip seeks So-Cal beach morons to sign the dumbest of petitions.
Check for yourself, via a YT search... https://www.youtube.com/results?search_query=mark+dice+petition
Late night talkshow hosts (Jay Leno and now Jimmy Kimmel, with his Lie Witness News). Search for "Lie Witness News" or "Lie Witness News Obama", to get results. For example...
https://www.youtube.com/watch?v=iKtjgxQ1utw (Obama's Presidential Birthday Parade)
https://www.youtube.com/watch?v=sx2scvIFGjE (Obamacare vs Affordable Care Act)
What can I tell you that I haven't already, or that Rulers, Clerics, and Sales people don't know: "Slaves and sheeple are dumb and malleable". And they fucking LIE too. Even when "Things aren't really bad".
p.s. When we proclaim to be "Patriotic", or to "Love America", think of all the dumb, SNAPpy "folks" that you want to "fight for". I care not for Neocons or Ziocons, but I can relate in their legitimate contempt for people like this, who truly act more like sheep than thinking human beings. If I can't beam up and get off this dumb-ass planet, then please bring on Agenda 21!
Oh no. I realize that he is NOT an Obama supporter. He had the shirt on to act as bait for the O idiots.
Sort of like shit to attract flies. The shirt to attract the idiots makes it even funnier and sicker.
Serious? You think that those that choose the red pill over the blue pill are any more intelligent on average in USSA these days?
I'm just waiting to see what sanctions the best and brightest inflict on China for trading with those mean old Russians......
Is it the same amount or fewer goods? Manufacturing out puts have collapsed.
pods: "Well without the need for all those dollars, they should come home."
In theory, yes. But there are ways to mitigate that, and this is where they brainstormed and came up with a solution, IMO: Enact several International Treaties in quick succession, where each treaty covers a part of the globe, but their total reach is global -- just like the British Empire was. Old trial law saw: If you can't win on Principle, win on Procedure. Hence, they (US + vassal states) are playing to win on Procedure, by being fast and agile. Faster and more agile than the BRICS.
Enter... TPP1, TiSA2, TTIP3. With the latest G7 meeting in Germany, and with multiple African countries having been invited, you can bet your ass(ets) that another Treaty is in the works with African countries. I'll bet money (currency!) on it. Call it the Trans European African Treaty (TEAT)4, which will also allow for Immigration (species migration, in exchange for asset stripping).
With the US being the Common Core in each of these treaties and being the 900 lb gorilla in the room, it is a virtual certainty that the Treaty calls for continued use of the USD are the Common Currency to be used in the pricing, purchase and settlement of Trade. This is akin to HP and Epson selling printers for cheap, but making you use their ink: You're hooked!
[1] https://en.wikipedia.org/wiki/Trans-Pacific_Partnership
[2] https://en.wikipedia.org/wiki/Trade_in_Services_Agreement
[3] https://en.wikipedia.org/wiki/Transatlantic_Trade_and_Investment_Partner...
[4] Trans European African Treaty (TEAT) - Kirk
Well stated. You win the internets.
The plan is looking so predictable and childish on the surface, I'm sure the real trigger and theater will come as a huge surprise...
New Guitar: Boxes and Taut Strings...
https://www.youtube.com/watch?v=OsrCg7rwcqA
Finally, you repost your music link and I've got my computer with decent speakers attached! Thanks, ORI. That's some crazy sustain and brick reverb there, dude. Nice Spanish-Indian synthesis if my ignorance does not betray me. Damn, that's some nice drumming kicking in now!
Hey, you can afford that box and place, you can afford to git yerself some shooos, dude!
Ahhahha...thanks Bob.
And the shoes are actually left outside the dome in respect for the space, it's a sound temple ;-)
You might like this too...
https://www.youtube.com/watch?v=lk1TSBW_368
I guess you haven't noticed, but the US has been at war throughout the ENTIRE tenure of this democrat administration.
Perpetual war is here to stay until the end...
Oh I have noticed, but the Chosenite media has not.....i.e. no reporting of war under the democrat puppet so not to rile the democrat base.... Dem Puppets are for 1% enrichment prorams like Obowelcare, under the guise of "social programs" for the poor. As soon as a Republican steps in, there will be a real war, not proxy wars, then the socialist Chosenite media can bash the 'warmongering' Republicans and stir up the democrat bass so we can have 'real change' again in 8 years.....
How slow are you people?
And your republicunt puppet will get a beating just like current pos . you cant engage your military against every nation in eurasia .
Spot on, I can't believe anyone thumbed you down. Ban that bastard who gave the thumbs down.
Nice pivot on your "moar war sux" BIO - 46 weeks and counting!
Nice pivot on your "moar war sux" FAUX BIO - 46 weeks and counting!
You forgot to tell us that the Repucrats at least will fix Obowelcare! /s
In 1962 there was a list titled "Instance of use of the United States Armed Forces abroad 1798-1945" compiled by Kennedy's Secretary of State Dean Rusk who wanted to show before a reluctant congress who didn't want to invade Cuba, because they thought it was un-American, that it was in fact very American.
Here are some examples from a very long list:
1853-1854 The opening of Japan
1854 Nicaragua - San Juan del Norte was destroyed to avenge an insult to the American minister to Nicaragua
China, Angola, Hawaii etc.
And of course, since 1945 us has bombed 21 different countries. Been involved in military action every single year. In fact, discounting the years of the American Civil War, in the entire list from 1798 to the present hour, there is only one year - 1892, when the United States does not invade another country.
What went wrong?
- Robert Newman
Leap year.
Optimist.
Its this year or never for Uncle Scam.Any technical advantage will be lost by the next election.
Overdue major(2 year) refits are due on a lot of carriers as well.
A major war cannot wait four years, as the game will already be over.
We live in interesting times.
It's coming.
https://youtu.be/iRDlVLhfGYE
Those aren't for Jade Helm, those are just waiting for some water soluable Iraqi insignia to be spray painted on them so they can be delivered and quickly re-flagged as ISIS.
Ever wonder why the Iraqi army has all the Abrams tanks?
Take a deep breath.
Do you know all that is required to end most of life on North Murican continent is a nuclear bomb several megatons of power, hm? No? Don't exhale yet.
Look at that quiet mega-vulcano in Yellowstone. It only takes a little to wake it... and Murica, together with better part of Canada (and part of Mexico), is no more. You have no idea how vulnerable you are due to your geographical distinctiveness (but we won't touch your other peculiarities; it is not necessary for the time being). There is apsolutely no way that +95% of North Murican continent's population will survive. Who did you think you are dealing with here? Lybia? Syria? So, do remember that well. Your very survival is at stake.
Ah, you might exhale now. Sorry. Forgot you were holding your breath. My bad.
Obama Supporters Sign Petition to NUKE RUSSIA so America will Stay World’s Superpower
http://thesaker.is/obama-supporters-sign-petition-to-nuke-russia-so-america-will-stay-worlds-superpower/
Hilarious, and sad. This is the result of a "thorough" American education... This country is finished!
Do you think there will be another election? I have some doubts....
Elections are nearly 100% theatre anyway - there is no reason for them not to happen.
When did the wars ever stop?
Small/Slow/Non thinkers must feel that was a partisan comment. The Choseniite bankster cartel enacts Obamacare and Amnesty (Don't Kid Yourself) under the democrat puppet , and will wage war under their new Republican puppet.....Is it that hard to grasp?
How many of you 22+ down arrowers are too slow to realize this?
Party has nothing to do with it. LBJ was a democrat and ramped up the vietnam war based on lies via the Gulf of Tonkin incident. Both sides of the aisle get bribed to maintain the perpetual war. Odd, that you haven't figured this out yet. DOPE!
War coming right after a republican wins the WH
++++++++++++++++++++++++++
War already has begun. Russia invasion of Crimea is the parallel to Germany invasion of Sudetenland. Russia uses same purposes and justification as Germany did in 1938. That German appeasement and success in 1938 led to the German invasion of Czechoslovakia in 1939, just as Russia has done in invading other parts of Ukraine. The white half of O'Bummer genetics must have Chamberlain lineage.
In the last century, it was pretty much the Democrats who were our war presidents. This century it has been a mixed bag.
Slow moving train wreck.
Fiat backed by oil...hmmm interesting idea.
Actually Fiat backed by MIC, with Oil as the critical ingrediant that keeps the MIC alive and killing.
Complex relationships anyways.
war is right after the corner - as soon as murica will notice significant $ balance lost due to the new international powers re-balancing outside the $ influence they will start it one way or another trying to stop on the roller-coaster.
the neo-aristocracy will not just stay and admire how they become irrelevant and their toys vanish.
Speaking of Gazprom…
There’s an interesting development in the Middle East.
Iran has dispatched 15,000 fighters to Syria to help government troops reverse recent battlefield defeats to a rebel-Jihadi coalition. Those are elite Quds units and NOT the Hezbollah.
The shiite is getting serious down there ;-)
Looney
Shit, its Good News Tuesday.
Those sand boones have been eating each other for centuries. Why in the world did the US ever jump into the middle of it?
Power? Greed? Severe mental disorders of the western ruling class? Pretty sure a combination of those three can adequately cover the why.
Joos
now here is the reason that I fear will raise the price of oil for the United States!!!!!! notice how the oilprice/com clowns never go here...ever. The free ride for cheap oil in the "United States" will end very very ugly for the American people when oil becomes priced in other currencies. question: is the only answer a U.S. dollar so strong it kills the host country?????
Define "strong". It's "strength" is currently a total facade, a total illusion because the big banks control and game the financial markets. Any and all rational responses to money printing haven't happened, because the game is entirely rigged.
There will be a day when the USD will be shunned, which will cause serious inflation in the US. The .gov response will be to devalue it against other currencies, which is a hidden inflationary tax on the people, most of whom are too stupid to understand devaluation theft.
It won't die from strength, it will die because it is on manipulated life support.
@thisisbob
RAPE PILLAGE AND PLUNDER.........just like the british empire
The Brits built railroads in their empire, the US bombs them.
They are not the same.
The blowback will be epic for Pax Americana, nothing like for Pax Britana.
True! The Brits built infrastructure and institutions everywhere within their empire. Some of them survived, some of them didn't; it mostly depended on the local population. We, the Americans, stopped building somewhere in the second half of the Vietnam war. We have totally lost that skill since then. Heck, we're unable to build anything even inside our own country nowadays...
Great Britian killed quite a few people to maintain create then maintain their empire. They just had class and let it go.
They never let it go.
Persians are not sand boones. Hezbollah and Iran have been helping protect innocent Syrians including Syrian Christians.
Innocent Syrians murdered by McCain's ISIS and Rita Katz ISIL with Rita's cute green screen beheading videos.
Those Persians in Hezbollah did pretty well against their "sand z-boones" in that country south of Lebanon back in 2006.
Um... earl
hubris
Various countries have finally figured out what the Empire has been doing for decades: You HAVE to have Limited Warfare for your MIC, to ensure its Security.
A Controlled, Limited Engagement serves a number of useful purposes, that include: Nationalism (fighting off Imperial Forces), systematic cycling of Arms (out with the old, in with the new), and system-level training, testing and tuning.
It's like using your muscles or brains: Use them (with regular workouts) or lose them.
Proxy wars just outside one's frontier (Frontier Wars) are ideally suited for all this. Just ask the Empire, the Brits, Saudis, Israelis or Russians.
Excellent points, all.
I hate it, but I have to agree. Damned shame how that system works.
The Empire is predicting, and my opinion is scheduling, its fall, to pave the way for the real NWO. While we are aware of the totally unesseccary wars conducted for the raising of the beast, we can see a different result in the outcome of them. We see the destruction of big capable states and the creation of smaller, easily controlled ones. This is a very alarming fact because the empire chooses to destroy industrial, ecomonic and social capabilities for what? This is the quadrillion dollar question.
I'll prefict this.......Syria will not fall to ISIS and the west, Iran will put 150,000 men in there, if they have too, backed by increasing weapons logistics and tech logistics systems of the Russians and Chinese!!
Good news for the rest of the world. Bad news for sheep in Syria. Will Allah have enough virgin boys in waiting to fulfill the promises the Mullah's have made?
how dare them not use the us dollar, the USD stands for honesty and integrity
Ehh-ohh! The dollar is backed by the full faith and credit of the United States of Amerika. How could anyone question that? Where should the drone squadron be dispatched?
Right! And as some bimbo on TV so astutely pointed out: gold is backed by nothing!
That is correct. A true 'United States Dollar' is also defined as a specific weight of Silver. FRN's are some sort of illusion.
You are talking about the old JFK silver certificates? Most people here probably never heard of them. JFK actually printed them. I saw and had one years ago.
http://theeconomiccollapseblog.com/wp-content/uploads/2011/12/United-Sta...
Backed by silver. Wonder why they killed him? This reason and also the elites wanted a full on war in Vietnam.
Lincoln, Garfield, McKinley, and lastly JFK. Every president except Jackson, that opposed central banks, has been assasinated...
+1
They tried to get Jackson and I think it was more than once. McKinley was for bi-metalism aka using gold and silver as currency.
LOL, Jackson was a special case. If someone tried to shoot him he would return fire. Sharp Knife had so many musket balls in him it was said, jokingly, that he rattled when he walked. Guess that dude was born before estrogen analogs became part of everyones diet.
God could we use Jackson now. The dude was a Honey Badger - he did not give a shit. They must have tried more than once to kill him.
Jackson was the Chuck Norris of Presidents and probably one of a few who probably gave two shits about the American people.
If memory serves,,, something like 376 grains. Close to an ounce. So about 14-16 FRN's to a constitutional u.s dollar.
But, hey,,, we like our fake money. businesses won't accept anything but worthless paper. They call the police and your arrested for trying to pass............... counterfeit!
Liberty Dollar was shut down for 'counterfeiting' and Von Nothaus was called a financial terrorist by the Deptartment of JustUs AG's.
Now take a gander at the FED ( or any central bank pushing fiat) and tell me who the financial terrorist counterfeiters is/are.
<Boom>. US Dollar headshot.
Cue Augustus and his Russian troll diatribe...
Cutting to the punch: The reason is the arrogant crowd that is running the US. Stupid fucks.
Good. Fuck the dollar.
Putin has a FIFA, and the only prescription is moar Gazprom.
This is one hell of a response to the G7 confab isnt it?
Dovie'andi se tovya sagain (It's time to toss the dice)
Got Karatbars?
Watch for the US to start some kind of BS war near China and Russia.
You mean...other than Ukraine?
Good point.
Look for something to start in SE Asia. Maybe with the Philippines. Not much for the US to lose there but it will keep the Chinese busy.
Lots of Filipinos, Koreans, Japanese whose ranks we can thin out using them to fight against China. A costly emergency for China to deal with and the slow burn of a war of attrition. Whatever it takes to set China back some. MIC orders filled and people die, good for our businesses.